Claridel is married with two school-aged children. To make a living, she owns and operates a general store selling a variety of different products to the local community. She has done this for over 15 years and earns approximately 10,000 PHP a month. Claridel is asking a loan of PHP 47,000 to help improve her living situation and ability to engage in business activities. Claridel is a very responsible person in terms in managing the daily needs of her family.
About Alalay sa Kaunlaran, Inc.
This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.